South Koreans flock to crypto amid a heavy-handed regulation approach

South Koreans flock to crypto amid a heavy-handed regulation approach

With crypto demand skyrocketing in South Korea, the government is looking to regulate digital assets and the local market is feeling the pressure. In South Korea, one in three citizens either own cryptocurrencies or get paid in them. One-tenth of its population trades digital assets, and its youth unemployment rate hovers above 10%. It’s a competitive job market in the East-Asian nation, where high expenses enforce hierarchical social structures, and financial stability can seem like a pipe dream.On matters of technology and innovation, South Korea is incredibly progressive. There’s been a....


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